Preview

Credit Card Companies Marketing on Campus

Good Essays
Open Document
Open Document
384 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Credit Card Companies Marketing on Campus
Credit card companies should not be on campus marketing to college students

Credit card Company’s aim for the weak, the representatives that work for the credit card companies’ are trained to gain financially in any way possible, and by focusing on individuals who do not know better or have little experience on how debt follows you, such as college students, the credit card companies know they will make the money they are aiming for not in a honest way. Why should they care? Knowing that the majority of college student’s live off of their parent’s support, more than likely the credit card company’s will get paid, one way or the other, as long as they get what they want nothing or anybody else matters. Most college students are vulnerable, and they want what they want, at the time when they apply for credit cards in their minds they feel they will be able to handle the debt, but more than likely it will become over whelming and paying the money back will not be as easy as it was to spend it.

Credit card companies look to make money off of college students, in my essay I want to make it known that out of one hundred college student forty five of them leave college in some sort of credit card debt. I want it to be known that credit card representatives aim for college students, because they know that nine time out of ten, college students get support from their parents, so they will not be really aware of the problems that arise from being in debt, and they will not be the one’s who have to pay it back. I also think credit card companies should be banned from college campuses to eliminate this entire mess of student’s being subjected to credit card companies’ manipulation, this may sound far fetched, but I feel credit card companies should give out extensive warnings to college students, explaining to them all the precautions of credit cards, and to what extent they will go through to receive their money. This being done will more than likely help the students

You May Also Find These Documents Helpful

  • Satisfactory Essays

    The essay “The Credit Card Company Made Me Do It!” seems to be a fairly sound argument especially when taking Kairos into consideration, because the audience this paper was aimed towards hit home. The author talks about teenagers living the carefree life going on crazy shopping sprees with new credit cards that seemed to have “no strings attached,” but little did they know their shopping trips were about to come back to bite them in the butt. The diction used seemed to be a good blend between formal and colloquial. The essay was formal enough that it would be able to be given to a credit card company by someone wanting to persuade them towards a certain goal, but vernacular enough that teenagers who just started thinking about the idea of getting…

    • 317 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    B. Once students obtain credit cards, they are in danger of financial trouble. While this is certainly not the case with all students, there are many stories of college students who get into serious debt after getting their first credit card. Whether or not they work a part time job, college students typically have less cash available than they would like to spend, especially during the academic year. In addition there are temptations to spend money everywhere, whether it is ordering a late night pizza or going away for spring break. (Chu, 30 March 2008)…

    • 441 Words
    • 2 Pages
    Good Essays
  • Better Essays

    I owe $40,000, I owe $60,000, I owe $100,000. Isn’t that a lot of money for one person to owe? Graduates have been faced with a serious problem brought about by the constant borrowing of money to gain a reputable education. The debt of loans varies from person to person but the extreme amounts that individuals owe is something the media finds worth gossiping about. Little does the public know, in reality, all the commotion and conversation about these debts are not accountable for the majority of college borrowers. According to A Lifetime of Student Debt? Not Likely by Robin Wilson, she intrigues her targeted college audience by giving examples and providing awareness that most individuals are paying back their students loans within a timely manner with just a few sacrifices. Wilson emphasizes that the real reason individuals have an outstanding debt is because “they are determined to attend their dream college, no matter the cost” (257). There are various reasons why students take out loans and Wilson is determined to clear up the confusion of student debt, she encourages college students to take out loans even with media’s negativity, and lastly she tries to enlighten this targeted college group that debts are repayable with additional sacrifices but in the end, that debt was the best decision they have ever made.…

    • 1997 Words
    • 8 Pages
    Better Essays
  • Better Essays

    Rhetorical Analysis

    • 1347 Words
    • 6 Pages

    A large number of college graduates argue that their loan debt is comparable to a life sentence. In the article “A Lifetime of Debt? Not Likely” by Robin Wilson, argues that the college loan debt is not always as severe as some say and it almost always pays off in the long run. The article by Robin Wilson is effective in convincing the audience that taking out college loans in beneficial in the long run because she uses specific examples, logos and pathos appeals, structure and style to convince the reader to agree with her argument.…

    • 1347 Words
    • 6 Pages
    Better Essays
  • Good Essays

    The main idea of this essay is to present the purpose of Student loans and their effects on college expenses. “Is student loan a lifetime situation”? “Are students frustrated with college loans”? Is making a decision to borrow money in order to attend college often amounts to a “financial disaster”? “People not paying attention to their debt”? “Is this generation only thinking about the next month’s payment”? “Are students graduating with an enormous amount of debt equal to a mortgage on a nice home”? Main perspectives will be impending from the author Robin Wilson.…

    • 724 Words
    • 3 Pages
    Good Essays
  • Good Essays

    “In Debt We Trust America” was an incredibly eye-opening video for me. Family and friends constantly warn me of the dangers of debt, but I was unaware of just how much of a problem it is. For me, one of the most informational, or perhaps motivational parts of the video, was the portion on students in college. Constant increases in college tuition are putting a more drastic burden on college students and their families. In the video, it mentioned that the…

    • 607 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Maxed Out

    • 592 Words
    • 3 Pages

    The first key fact I found most interesting was who in America are most vulnerable to credit card companies. Credit Card companies such as Capital one and Discover target the most vulnerable, college students and people who have already been through bankruptcy. College students are one of the main targets, because they are in school working for a higher education. These students are more likely to get a high paying job when they graduate and will be able to pay these credit card companies back, as opposed to kids that go to work straight out of high school. Credit card companies also target people that have already been through bankruptcy because they can’t file for bankruptcy again and they are willing to pay the minimum payment forever.…

    • 592 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Student Debt Research Paper

    • 2359 Words
    • 10 Pages

    M., Szablicki, P. B., & Wilson, S. D. (2003). Factors influencing levels of credit card debt in college students. Journal of Applied Social Psychology, 33, pp. 935–947.…

    • 2359 Words
    • 10 Pages
    Powerful Essays
  • Good Essays

    Out of all the students that go to college more than half of them are in debt after graduating. In high school all you hear your senior year is “you need to do this in order to go to college”, “you need a degree to get ahead”. You work 12 years to get a diploma and then get told that in order to go “further” or “do better” you need a degree, but what they don't tell you is that you will most likely be in debt for the rest of your life.…

    • 517 Words
    • 3 Pages
    Good Essays
  • Good Essays

    About half of all students (49%) graduate college with a total debt count of over 30,000 dollars in student loan debt alone. When you add all this debt together, college graduates and students have a total combined debt of approximately 1.2 trillion dollars. With that much money at hand you have to wonder how these students can manage to buy a house, car, or start a family once they have graduated and pursued…

    • 773 Words
    • 4 Pages
    Good Essays
  • Good Essays

    As proven above, college debt is an issue that should be discussed. Take the case of a student named Kelsey Griffith. She is a victim as well as many other students because in order to pay off her debt, she worked two jobs and is now giving up her apartment and going to start living with her parents according to the article “A Generation Hobbled by the Soaring Cost of College.”…

    • 822 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Student Debt Analysis

    • 1883 Words
    • 8 Pages

    The issue of student debt affects so many people worldwide on a day to day basis. As of 2015, student debt is more than $1.1 trillion dollars (Cook, 2015). This crisis of student debt that has risen overtime has caused major debate and discussion to families, policy experts, and politicians (Cook, 2015). As a result of trying to attain a career, students that are not financially capable of supporting their education and have no choice but to acquire student loans that will in turn become student debt. The impacts of student debt are seen to affect each individual differently depending on their financial and mental status. Additionally, the type of college each student attends will determine how dramatic their debt will be (Cook, 2015).…

    • 1883 Words
    • 8 Pages
    Good Essays
  • Good Essays

    College Debt

    • 730 Words
    • 3 Pages

    Debt has become a real issue in this economy and credit cards play a major role in assisting the problem. Adults are barely responsible enough to budget their expenses and credit card companies are now prying on college students. Just coming out of high school a 17-18 year old does not have the mind capacity to understand finances and the importance of a good credit history. The credit card companies bombard students with enticing offers of credit limits; cash back reward options, and no annual fees. They however, omit the high interest rates and penalties for not paying the balance off in full or for having late payments. The companies also fail to advise individuals of how to use the cards or how easy it is to find yourself in debt with a swipe here and a swipe there of the cards. College students should not be allowed to apply for credit on his or her own.…

    • 730 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    College Tuition Satire

    • 1275 Words
    • 4 Pages

    If something isn’t done to solve this issue the majority of students will live the rest of their lives in debt and under financial burden. That is why I propose a simple, yet ingenious and innovative, solution. The revolutionary theory engenders an “everyone wins” approach. All this solution requires is for students to make an easy choice – Nobody apply for or attend college. We should retaliate. Not only will most students be better off by not going to college and receiving a colossal debt from greedy college institutions, but it actually makes a lot of sense. Imagine this scenario: a…

    • 1275 Words
    • 4 Pages
    Powerful Essays
  • Good Essays

    Sixty-eight percent of adults with student loans and whose children have loans are unhappy with the way they financed their own or their children's college(Journal of Accountancy). Sixty-eight percent, that is a disturbingly high number, that means that six out of ten students right now will regret how they paid for college and consequently will lead them along to the wagon that is debt. If we are to stop the rising influx of debt: teaching students about how to operate their finances in college will result in a reduction of students with…

    • 1222 Words
    • 5 Pages
    Good Essays